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Nestled in the charming historic waterfront town of Cambridge, this meticulously cared-for, almost-new townhome offers a wonderful blend of comfort and style. Step inside to discover a versatile, finished recreation room on the first floor – envision a productive home office, a fun game room, or an extra space for entertaining guests. On the second level you will be greeted by a bright and airy living space. The kitchen boasts a convenient center island and elegant granite countertops. Seamlessly connected are a cozy breakfast area and an open living room, creating an ideal flow for everyday living and gatherings. Upstairs, you'll find three generously sized bedrooms. The primary suite is a true retreat, complete with a private bathroom and walk-in closet. This lovely townhome in Cambridge presents a fantastic opportunity for low-maintenance living in a vibrant, private, gated, waterfront community on the Choptank River featuring a pool, club house and marina. Don't miss your chance to make it yours! ****This home is in an FHA Approved Section of the Community! *** *****

Highlights

  • Residential
  • Condominium
  • Built in 2024
  • $132/mo HOA
  • 1 Car Garage
  • 218 days on Market

  • Bedrooms
    3
  • Bathrooms
    2 full · 2 half
  • Year Built
    2024
  • Architectural Style
    Traditional
  • Foundation
    Other
  • Garage Spaces
    1.0
  • Parking Features
    Driveway, Attached, Garage Door Opener, Garage, Inside Entrance, Parking Lot
  • Living Area
    1796.0
  • Interior Features
    Eat-in Kitchen, Walk-In Closet(s), Pantry, Kitchen Island, Recessed Lighting, Open Floorplan
  • Appliances
    Dryer, Dishwasher, Microwave, Refrigerator, Washer, Disposal, Gas Range, Tankless Water Heater, Gas Oven
  • Flooring
    Vinyl, Carpet, Wood
  • Furnished
    Unfurnished
  • Exterior Features
    Lighting
  • Patio And Porch
    Deck
  • Pool Features
    Community
  • Security Features
    Security Gate
  • Cooling
    Central Air, Electric
  • Heating
    Natural Gas, Central

  • Water Front Features
    River Front
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 340 Shipyard Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 340 Shipyard Dr.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 340 Shipyard Dr?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $295,000. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Cambridge, and can even get you in to see the property quickly.

How do I get a virtual tour of 340 Shipyard Dr?

Yes! A virtual tour is available for 340 Shipyard Dr. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 340 Shipyard Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 340 Shipyard Dr at around $1,966. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 340 Shipyard Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Dorchester County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 340 Shipyard Dr?

In most cases, yes. Whether 340 Shipyard Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Cambridge's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 340 Shipyard Dr?

We can handle that for you. Our preferred local agent specializes in residentials in Cambridge and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $295,000 with 1,796 sqft of space—that comes out to approximately $164 per square foot.

How long has this property been on the market?

340 Shipyard Dr was listed on April 02, 2026, which means it's been on the market for 218 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2024, making it approximately 2 years old.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • High: CAMBRIDGE-SOUTH DORCHESTER

Want to see how these schools compare? Check out our Dorchester County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 340 Shipyard Dr?

The most recent public record shows annual property taxes for 340 Shipyard Dr were approximately $4,392. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $132 paid monthly.

Is 340 Shipyard Dr still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.

Last Updated: November 06, 2026 at 01:37PM | Source: Bright | MLS#: MDDO2011906